.Union Money Management Official Nirmala Sitharaman3 minutes read Last Updated: Aug 28 2024|12:15 AM IST.On the eve of the 10th wedding anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Finance Official Nirmala Sitharaman introduced that the federal government intends to open up over 30 thousand new PMJDY profiles during the course of 2024-25.Briefing media reporters, Sitharaman unveiled that since August 14, 2024, an overall of 531.3 million Jan-Dhan profiles have actually been opened because the system’s launch a many years earlier, along with a cumulative down payment difference of Rs 2.3 mountain.The average difference per profile has actually raised coming from Rs 1,065 in March 2015 to Rs 4,352 since August 16, 2024. Approximately 80 per-cent of these accounts are actually currently energetic.” PMJDY has actually played a vital function throughout the pandemic, especially for women,” pointed out Sitharaman.Despite the allocation for absolutely no harmony and the lack of a minimal balance demand, simply 8.4 percent of the profiles keep a zero equilibrium. The program has actually been actually especially helpful in country as well as semi-urban locations, where 66.6 per-cent of the profiles lie.Since August 14, 2024, females account owners represent 55.6 percent of the overall profiles, totaling up to 295.6 million profiles, depending on to the Administrative agency of Financing.
Currently, 99.95 percent of all lived in towns possess financial locations accessible within a 5-kilometre distance by means of various touchpoints, consisting of banking company divisions, automated teller devices, banking contributors, and also India Blog Post Remittances Banking Company.Since August 14, 2024, there are over 1.73 billion important CASA (bank account money market account) profiles in the nation, featuring greater than 530 thousand important PMJDY accounts.Relating to social security systems, Sitharaman highlighted that over 200 thousand cumulative enrolments have actually delivered life insurance policy protection of Rs 2 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana, with an annual costs of Rs 436.Additionally, over 450 thousand advancing enrolments have used 1 year unintended cover of Rs 2 lakh (for death or long-term total disability) and Rs 1 lakh (for irreversible limited special needs) under the Pradhan Mantri Suraksha Bima Yojana, along with a fee of Rs 20 yearly.The Atal Pension Yojana has signed up over 68 thousand clients.In terms of credit-linked plans, Sitharaman stated that under the Pradhan Mantri Mudra Yojana, 489.2 thousand collective fundings amounting to Rs 29.93 mountain (as of July 12, 2024) have actually been actually approved to supply collateral-free institutional financing to mini and also small company devices around Rs 10 lakh for income-generating tasks.Under the Stand Up India Plan, 236,000 cumulative loans totalling Rs 53,609 crore (as of July 15, 2024) have actually been actually allowed to Planned Caste, Scheduled People, and also women entrepreneurs for putting together greenfield ventures.Additionally, the Pradhan Mantri SVANidhi scheme has accredited fundings worth Rs 12,630 crore to 6.52 million road sellers as of August 27, 2024.u00b7 Pradhan Mantri Jan-Dhan Yojana (PMJDY) released on August 28, 2014.u00b7 PMJDY collective deposit remainder of Rs 2.3 mountain.u00b7 There more than 1.73 billion operative CASA accounts.u00b7 Girls account holders make up 55.6% of total accounts.Initial Published: Aug 27 2024|9:37 PM IST.